Advertisement
UK markets close in 2 hours 52 minutes
  • FTSE 100

    8,101.14
    +60.76 (+0.76%)
     
  • FTSE 250

    19,745.09
    +25.72 (+0.13%)
     
  • AIM

    755.81
    +1.12 (+0.15%)
     
  • GBP/EUR

    1.1665
    +0.0020 (+0.17%)
     
  • GBP/USD

    1.2481
    +0.0018 (+0.15%)
     
  • Bitcoin GBP

    51,203.27
    -2,185.63 (-4.09%)
     
  • CMC Crypto 200

    1,363.45
    -19.12 (-1.38%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    83.27
    +0.46 (+0.56%)
     
  • GOLD FUTURES

    2,338.50
    +0.10 (+0.00%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,998.73
    -89.97 (-0.50%)
     
  • CAC 40

    8,028.94
    -62.92 (-0.78%)
     

Auto Lender Santander Checked Income on Just 8% in Subprime ABS

Auto Lender Santander Checked Income on Just 8% in Subprime ABS

Santander Consumer USA Holdings Inc., one of the biggest subprime auto finance companies, verified income on just 8 percent of borrowers whose loans it recently bundled into $1 billion of bonds, according ...